A. Description of the Advisory Firm Oak Root LLC (hereinafter “ORL”) is a Limited Liability Company organized in the State of California. The firm was formed in June 2015, and the principal owner is Kevin Charles Root. B. Types of Advisory Services Portfolio Management Services ORL offers ongoing portfolio management services based on the individual goals, objectives, time horizon, and risk tolerance of each client. ORL creates an Investment Policy Statement for each client, which outlines the client’s current situation (income, tax levels, and risk tolerance levels) and then constructs a plan to aid in the selection of a portfolio that matches each client's specific situation. Portfolio management services include, but are not limited to, the following: • Investment strategy • Personal investment policy • Asset allocation • Asset selection • Risk tolerance • Regular portfolio monitoring ORL evaluates the current investments of each client with respect to their risk tolerance levels and time horizon. ORL will request discretionary authority from clients in order to select securities and execute transactions without permission from the client prior to each transaction. Risk tolerance levels are documented in the Investment Policy Statement, which is given to each client. ORL seeks to provide that investment decisions are made in accordance with the fiduciary duties owed to its accounts and without consideration of ORL’s economic, investment or other financial interests. To meet its fiduciary obligations, ORL attempts to avoid, among other things, investment or trading practices that systematically advantage or disadvantage certain client portfolios, and accordingly, ORL’s policy is to seek fair and equitable allocation of investment opportunities/transactions among its clients to avoid favoring one client over another over time. It is ORL’s policy to allocate investment opportunities and transactions it identifies as being appropriate and prudent, including initial public offerings ("IPOs") and other investment opportunities that might have a limited supply, among its clients on a fair and equitable basis over time. Selection of Other Advisers ORL may direct clients to third-party investment advisers to manage all or a portion of the client's assets. Before selecting other advisers for clients, ORL will always ensure those other advisers are properly licensed or registered as an investment adviser. ORL conducts due diligence on any third-party investment adviser, which may involve one or more of the following: phone calls, meetings and review of the third-party adviser's performance and investment strategy. ORL then makes investments

with a third-party investment adviser by referring the client to the third-party adviser. These investments may be allocated either through the third-party adviser's fund or through a separately managed account managed by such third party adviser on behalf of ORL's client. ORL may also allocate among one or more private equity funds or private equity fund advisers. ORL will review the ongoing performance of the third-party adviser as a portion of the client's portfolio. Services Limited to Specific Types of Investments ORL generally limits its investment advice to mutual funds, fixed income securities, real estate funds (including REITs), insurance products including annuities, equities, hedge funds, private equity funds, ETFs, treasury inflation protected/inflation linked bonds, non-U.S. securities, venture capital funds and private placements. ORL may use other securities as well to help diversify a portfolio when applicable. Financial Planning Financial plans and financial planning may include, but are not limited to: investment planning; life insurance; tax concerns; retirement planning; college planning; and debt/credit planning. C. Client Tailored Services and Client Imposed Restrictions ORL will tailor a program for each individual client. This will include an interview session to get to know the client’s specific needs and requirements as well as a plan that will be executed by ORL on behalf of the client. ORL may use “model portfolios” together with a specific set of recommendations for each client based on their personal restrictions, needs, and targets. Clients may impose restrictions in investing in certain securities or types of securities in accordance with their values or beliefs. However, if the restrictions prevent ORL from properly servicing the client account, or if the restrictions would require ORL to deviate from its standard suite of services, ORL reserves the right to end the relationship. ORL will review how clients are allocated with their current investments and determine if clients are over allocated or under allocated to any specific asset class. ORL will then build a portfolio that takes each client’s legacy positions into consideration. D. Wrap Fee Programs A wrap fee program is an investment program where the investor pays one stated fee that includes management fees, transaction costs, fund expenses, and other administrative fees. ORL does not participate in any wrap fee programs. E. Assets Under Management ORL has the following approximate assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $766,000,000 $11,000,000 December 2023